Municipality · Faro
Castro Marim: Cost of living in Castro Marim
The year's bill · Single person · Buy€7,991€666 a monthSeveral sources: each line’s source in “The year’s costs” ↓
55%of the local median salary
Home price2,710 €/m²
Median salary€1,023/month
The year's bill · Couple · Buy€10,415€868 a monthSeveral sources: each line’s source in “The year’s costs” ↓
37%of 2 local median salaries
Home price2,710 €/m²
Median salary€1,023/month
The year's bill · Family with 2 children · Buy€15,057€1,255 a monthSeveral sources: each line’s source in “The year’s costs” ↓
50%of 2 local median salaries
Home price2,710 €/m²
Median salary€1,023/month
The year's bill · Single person · Rent€7,525€627 a monthSeveral sources: each line’s source in “The year’s costs” ↓
54%of the local median salary
Rent9.18 €/m²
Median salary€1,023/month
The year's bill · Couple · Rent€9,794€816 a monthSeveral sources: each line’s source in “The year’s costs” ↓
36%of 2 local median salaries
Rent9.18 €/m²
Median salary€1,023/month
The year's bill · Family with 2 children · Rent€14,273€1,189 a monthSeveral sources: each line’s source in “The year’s costs” ↓
49%of 2 local median salaries
Rent9.18 €/m²
Median salary€1,023/month
Home
What it costs to buy or rent, and the yearly property tax.
Median sale price (€/m²)€ per m², last 12 months
2,710 €/m²
House price rise over 5 yearsSale €/m²
+79%from 1,517 to 2,710 €/m²
Median rent (€/m² per month)€ per m² a month, new contracts
9.18 €/m²
Property tax rate (IMI)On the taxable property value
0.39%
IMI FamiliarProperty tax discount on your own home, by dependants
Yes−€30 with 1 dependant, −€70 with 2, −€140 with 3 or more
Bills and taxes
What you pay every year, for the chosen household.
Water, sewage and waste
€216€263€332
Electricity
€380€459€1,188
Gas
€360€360€755
Income tax refunded by the municipalityThe municipality keeps 3% and gives back 2% of your income tax
€40€100€120
Work and income
What people earn here, and how long it takes to get to work.
Median salary (gross)Half of workers earn less than this, by place of work
€1,023/month
Average salary (gross)Average monthly earnings, by place of work
€1,155/month
Purchasing power (Portugal = 100)Per-capita index
79.4
Health and family
Emergency care, crèches and pharmacies.
Nearest emergency departmentAverage straight-line distance from where residents live to the nearest hospital emergency department
8.1 kmServiço de Urgência Básica de Vila Real de Santo António (Vila Real de Santo António) · · 90% of residents within 15 km
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)
75 places per 100 children
Crèche placesCreche Feliz: free up to age 3 in public crèches and those with a state agreement; in adhering private ones, only if there is no agreement place near home or work.
107
107 places in public or not-for-profit crèches, 0 in private ones
Safety and population
Recorded crime, the population's age and wildfires.
Crime rateRecorded crimes per 1 000 residents
45.8 per 1,000 people
Ageing indexOlder people per 100 young (lower = younger)
283 older people per 100 young
Burnt land over 10 yearsShare of the land that burnt at least once
7.7% of the land
The year's costs
Everything in the year's bill, for the three households. The chosen one is highlighted.
| Single personSingle | CoupleCouple | Family with 2 childrenFamily | |
|---|---|---|---|
| Estimated home price | €162,600 | €216,800 | €298,100 |
| Mortgage payments | €6,758 | €9,011 | €12,390 |
| 1 | €317 | €423 | €511 |
| Water, sewage and waste | €216 | €263 | €332 |
| Electricity | €380 | €459 | €1,188 |
| Gas | €360 | €360 | €755 |
| Income tax refunded by the municipality | -€40 | -€100 | -€120 |
| Total per year | €7,991 | €10,415 | €15,057 |
| Housing effort rate2 | 55% | 37% | 50% |
| Monthly payment | €563 | €751 | €1,033 |
| On the day you buy | €20,078 | €29,303 | €44,214 |
| Single personSingle | CoupleCouple | Family with 2 childrenFamily | |
|---|---|---|---|
| Rent | €6,610 | €8,813 | €12,118 |
| Water, sewage and waste | €216 | €263 | €332 |
| Electricity | €380 | €459 | €1,188 |
| Gas | €360 | €360 | €755 |
| Income tax refunded by the municipality | -€40 | -€100 | -€120 |
| Total per year | €7,525 | €9,794 | €14,273 |
| Housing effort rate2 | 54% | 36% | 49% |
1 Property tax estimated using a taxable value (VPT) of 50% of market price. Enter the VPT from your property record for an exact figure.
2 Effort rate on the local median gross salary (half of workers earn less), × 1 salary for a single person and × 2 for a couple or family.
Fuel: average of 2 stations, DGEG · 26 October 2026
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